Dallas, TX -- (SBWIRE) -- 04/09/2015 -- According to the new market research report "Compressor Control System Market by Controlling Component (PLC and SCADA), Application (Oil & Gas, Refining, Petrochemical, Power Generation, Metal & Mining, and Fertilizer), & Geography - Analysis & Forecast to 2014 - 2020", the compressor control system market is expected to reach up to $5.05 Billion by 2020, at a CAGR of 6.37% between 2014 and 2020, which includes an in-depth analysis of the controlling components, applications, and geography.

The compressor control system market entails a great potential across various applications; however, the practice in industries such as oil & gas, refining, and petrochemical has been remarkable, and this is one of the prime drivers due to which the market is emerging globally. Some other applications, such as power generation, metals & mining, fertilizer, automobile, and cement, are also expected to act as a good prospective for the compressor control system market in the near future.

The report describes the market trends, drivers, restraints, challenges, and opportunities with respect to the compressor control system market and forecast the market till 2020. This global report gives a detailed view of the market across the four geographies, namely the Americas, Europe, Asia-Pacific, and RoW. Americas and Europe are the largest geographies in terms of market value. Asia-Pacific has been identified as the fastest growing region, with China leading its way, while RoW is also among the major regions that are helping in the growth of the compressor control system market. The report also profiles the most promising players in the compressor control system market.

The competitive landscape of the market presents a very interesting picture, where a large number of players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.